First they taxed the rich, and I said nothing, because…taxing the rich is awesome
In all seriousness "taxing the rich is a slippery slope" is just an absurd political position to carve out for yourself and I can't believe this dude is in Congress
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Nothing similar in WI at the moment, but a few years ago the chair of the Assembly higher ed committee went on a syllabus inquisition at UW-Madison and tried to get a professor fired over a course title. Absolutely vile behavior (he still chairs that cmte) jsonline.com/story/news/edu…
Maybe someone who is good at stonks can help me understand a key piece of the mechanics and practice of short selling: the motivations of the underlying asset holder (1/a few)
So you own an asset and you agree to lend it to someone else. In exchange for the fee you collect, you lock yourself into your investment in the underlying asset. You have a contract that says you get the asset back at thus-and-such time, whatever its value may be.
Meanwhile your counterparty has only entered into the contract because they believe your asset will decrease in value.